Mosaic Foods raises $6M in seed funding
New York-based Mosaic Foods has raised $6 million in seed funding led by Gather Ventures. The round also saw participation from Greycroft and Alleycorp. The fintech plans to utilise the capital raised to scale operations, develop product offerings, and expand into offline channels.
“At Mosaic, our mission is simple: we want to help put good food on every table,” said Mosaic Foods CEO and co-founder Matt Davis. “Many people want to eat more balanced diets but obstacles like cost, taste, time, and accessibility often prove insurmountable. We started Mosaic to make plant-based eating as easy as takeout and as affordable as home cooking. Over the last two years, we’ve brought innovative meals to market and scaled our business considerably. Today, we’re thrilled to welcome new financial partners into our mission and work together to create more delicious opportunities for consumers to embrace plant-based eating through frozen food.”
Founded in 2019, the company offers a selection of frozen vegetable bowls, oat bowls, soups and family meals to consumers in specific markets.
“Mosaic Foods is a clear leader in the fast-growing, plant-based foods industry,” said Gather Ventures founder Adam Slutsky, commenting on the investment. “I’ve been familiar with the brand since its launch in 2019 and am continually impressed with its approach to the market and growth. As an advocate for the power of plant-based eating, I appreciate how Mosaic enables consumers to access healthy foods through easy-to-prepare frozen meals that feature restaurant-grade quality flavors and ingredients. Gather Ventures is thrilled to join Mosaic and support the company as it continues to innovate and thrive within the industry.”